FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

WooCommerce Expands Partnership With BNPL Firm Affirm
WooCommerce Expands Partnership With BNPL Firm Affirm
May 24, 2022  |  BNPL

Open-source commerce solution WooCommerce, which was built on WordPress, has deepened a partnership with buy now, pay later (BNPL) firm Affirm to offer new ways...

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Today in FinTech: AWS Healthcare Equity; NFTs for Hotel Rooms; Digital Transfer Fraud Management
Today in FinTech: AWS Healthcare Equity; NFTs for Hotel Rooms; Digital Transfer Fraud Management
May 24, 2022  |  Fintech Investments

In today’s FinTech news, the AWS Healthcare Accelerator launches another health equity program. Plus, hotel reservations are being converted into NFTs.  Amazon Web Services Launches...

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EMEA Daily: EU Meets Big Tech, Gorillas Cuts Jobs
EMEA Daily: EU Meets Big Tech, Gorillas Cuts Jobs
May 24, 2022  |  emea

In today’s top stories from Europe, the Middle East and Africa, representatives of the European Parliament travel to Silicon Valley for a week-long meeting with...

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FinTech Gibobs Gets Backing from Global PayTech Ventures
FinTech Gibobs Gets Backing from Global PayTech Ventures
May 24, 2022  |  Investments

Global PayTech Ventures (GPT) recently invested in European FinTech platform Gibobs Allbanks to help users access financial services, according to a company press release Tuesday...

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FinTechs Get Zero-Fraud Guarantee for Inbound Digital Transfers
FinTechs Get Zero-Fraud Guarantee for Inbound Digital Transfers
May 24, 2022  |  Security & Fraud

Long live the digital transformation — given that it’s secure. Ignoring stock market gyrations and macroeconomics, the fact is that we are far from finished...

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FinTech Grab Financial Debuts Payments, Insurance and Lending App
FinTech Grab Financial Debuts Payments, Insurance and Lending App
May 23, 2022  |  Payment Methods

Southeast Asian FinTech Grab Financial has rolled out plans for a new brand for digital payments, insurance, lending and wealth management, called GrabFin, according to...

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B2B Facilitation Platform Amaryllis Payment Solutions Snags $10M to Speed Development
B2B Facilitation Platform Amaryllis Payment Solutions Snags $10M to Speed Development
May 23, 2022  |  B2B Payments

Amaryllis Payment Solutions on Monday (May 23) wrapped up a Series B fundraising round worth $10 million that it will use to accelerate product development...

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Klarna to Cut About 700 Jobs Due to Inflation, War
Klarna to Cut About 700 Jobs Due to Inflation, War
May 23, 2022  |  Economy

Swedish buy now, pay later (BNPL) FinTech Klarna will lay off about 10% of its staff due to the effects of inflation and the Russia-Ukraine...

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The Data Point: 98% of Businesses Say Automated AP Speeds Payables, Fuels Growth
The Data Point: 98% of Businesses Say Automated AP Speeds Payables, Fuels Growth
May 23, 2022  |  Accounts Payable

Growing payments volume is one sign of a healthy business, provided businesses can suitably service increasing mass-payout needs without crimping growth with legacy methods. Being...

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